To increase oversight of foreign direct investment in agricultural land in the United States, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires review by Committee on Foreign Investment in the United States of certain agricultural real estate transactions Section 721(a)(4) of the Defense Production Act of 1950 (50 U.S.C, requires review by Committee on Foreign Investment in the United States of real estate transactions near military installations Section 721(a)(4)(B) of the Defense Production Act of 1950 (50 U.S.C, and requires prohibition on use of funds for certain agricultural real estate holdings No assistance, including subsidies, may be provided by any Federal agency to a person for an agricultural real estate holding wholly. It relies on reporting requirements, definition changes, procurement rules, and compliance mandates. The main policy areas are National Security, Foreign Policy, Defense, and Environment.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk, National security and critical infrastructure stakeholders affected by the bill could gain revenue opportunities, and Foreign businesses and cross-border trade participants affected by the bill could gain revenue opportunities.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Regulated entities and members of the public affected by the bill would take on compliance duties, and National security and critical infrastructure stakeholders affected by the bill would take on compliance duties.
Key Provisions
- Requires review by Committee on Foreign Investment in the United States of certain agricultural real estate transactions Section 721(a)(4) of the Defense Production Act of 1950 (50 U.S.C.
- Requires review by Committee on Foreign Investment in the United States of real estate transactions near military installations Section 721(a)(4)(B) of the Defense Production Act of 1950 (50 U.S.C.
- Requires prohibition on use of funds for certain agricultural real estate holdings No assistance, including subsidies, may be provided by any Federal agency to a person for an agricultural real estate holding wholly...
- Requires disclosure requirements for foreign agricultural real estate holdings Section 2(a) of the Agricultural Foreign Investment Disclosure Act of 1978 (7 U.S.C.
- Provides reports of holdings of agricultural land in the United States by foreign persons Section 6 of the Agricultural Foreign Investment Disclosure Act of 1978 (7 U.S.C.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires review by Committee on Foreign Investment in the United States of certain agricultural real estate transactions Section 721(a)(4) of the Defense Production Act of 1950 (50 U.S.C, requires review by Committee on Foreign Investment in the United States of real estate transactions near military installations Section 721(a)(4)(B) of the Defense Production Act of 1950 (50 U.S.C, and requires prohibition on use of funds for certain agricultural real estate holdings No assistance, including subsidies, may be provided by any Federal agency to a person for an agricultural real estate holding wholly.
Key Policy Areas
National Security, Foreign Policy, Defense, Environment
Primary Purpose
The bill requires review by Committee on Foreign Investment in the United States of certain agricultural real estate transactions Section 721(a)(4) of the Defense Production Act of 1950 (50 U.S.C, requires review by Committee on Foreign Investment in the United States of real estate transactions near military installations Section 721(a)(4)(B) of the Defense Production Act of 1950 (50 U.S.C, and requires prohibition on use of funds for certain agricultural real estate holdings No assistance, including subsidies, may be provided by any Federal agency to a person for an agricultural real estate holding wholly.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
- National security and critical infrastructure stakeholders affected by the bill
- Foreign businesses and cross-border trade participants affected by the bill
- Water infrastructure operators and water users affected by the bill
- Environmental and public health interests affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Regulated entities and members of the public affected by the bill
- National security and critical infrastructure stakeholders affected by the bill
- Foreign businesses and cross-border trade participants affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Lankford (for himself, Mr. Bennet, Mr. Risch, and Mr. …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
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